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9/18/2012

Secretary of State Husted Releases New Business Filing Figures for August 2012

COLUMBUS – Secretary of State Jon Husted today announced that 7,341 new entities filed to do business in Ohio in August 2012. These numbers are down slightly compared to August 2011, in which 7,423 new entities filed with the Secretary of State. New business filings have increased each month this year compared to the previous year, except for January when 6,940 companies filed to business that month compared to 7,310 in January 2011.

The Secretary of State’s office has assisted with 60,069 new business filings to date in 2012 (January-August). This is an increase from the same time period last year, in which there were 56,883 new business filings.

Though the most visible role of the Secretary of State is that of chief elections officer, the office is also the first stop for individuals or companies who want to file and start a business in Ohio. While recognizing these numbers can’t provide a complete picture of Ohio’s jobs climate, they are an important indicator of economic activity that Secretary Husted hopes will add to the discussion of how to improve the state’s overall climate for business.

NOTE: New business filings are classified as forms filed with the Ohio Secretary of State that declare the formation of a business entity, including for-profit, non-profit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships. Filing as a business in Ohio does not guarantee the company will begin operations, be profitable or create jobs.